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Construction Budget: A Quick Guide (with Examples)

ProjectManager.com

Construction projects will never get off the ground without financing. Money sets the gears of construction management in motion. Creating a construction budget, therefore, is one of the most important pieces when developing a construction plan. What Is a Construction Budget?

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The Construction Resource Management Process Explained

ProjectManager.com

Managing the workforce in a construction project is a complicated endeavor. There are so many different subcontractors and all have to work together to deliver the project on time and within budget. Resources in construction are managed by construction resource management. What Is Construction Resource Management?

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7 Budget Templates for Business & Project Budgeting

ProjectManager.com

The project budget is developed during the planning phase of a project. To help you get started, we have 7 free budget templates that you can download right now. 7 Budgeting Templates for Business and Project Budgeting Below are seven budget templates that you can use for estimating your project’s costs.

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Industrial Construction: Examples of Industrial Projects

ProjectManager.com

When viewing construction, one commonly recognizes three sectors: residential, commercial and infrastructure. For example, commercial construction can be classified into three subcategories of retail, office, multifamily and industrial construction. What Is Industrial Construction?

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Schedule of Values in Construction (Example & Template Included)

ProjectManager.com

But what is a schedule of values and why is it such an essential construction project management document? The schedule of values (SOV) is a construction document that’s part of the payment process when working on a project. We’ll answer these questions, explain when the schedule of values is used and the benefits of using one.

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Capital Projects: Capital Planning, Budgeting and Funding

ProjectManager.com

There’s a lot of money involved in these capital projects and that means getting the funding and allocating the finances wisely. Capital planning is the process of budgeting for resources that will be used in the future to fulfill long-term plans. What Is Capital Budgeting? What Is Capital Planning? What Is Capital Funding?

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Google Sheets Budget Template: Track Business Costs Online

ProjectManager.com

A budget is a document that’s mainly used to break down the costs of executing a project or running the operations of a business for a period of time and define a maximum spending limit for the procurement of resources. Online templates can be helpful, but ProjectManager makes it easier to track budgets in our software.

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